Senior Financial Analyst
summit
Total years of experience :8 years, 7 Months
* Current work place
Financial & Accounting Responsibilities:
o Financial Analyst Responsibilities:
- Tracks financial status by monitoring variances from plan
- Determine financial status by comparing and analyzing plans and forecasts with actual results.
- Improves financial status by analyzing results and variances, identifying trends, recommending actions.
- Increase productivity by developing automated applications, eliminating duplications.
- Reconcile transactions by comparing and correcting data.
- Provide information to management by assembling and summarizing data, preparing reports, making presentation of findings, analyze and recommendations
- Update job knowledge by participating in educational opportunities, reading professional publications, maintaining personal network
- Accomplish finance and organizational mission by completing related results as needed.
o Accounting Responsibilities:
- Responsible for preparing, recording and reporting all accounting transactions
- Prepare full set of monthly financial statements and ensure timely closing of accounts
- Analyze monthly financial performance and recommend corrective actions.
- Contribute in the developing of the over-all strategic budget of the company.
- Manage and record all banking relations and transactions.
- Perform project cost forecast, costs, tracking, monitoring and controls
- Prepare and approve payments, vouchers and journal entries
- Perform cash flow forecasting, budgeting and working closely with the operations and project teams.
- Analyzing margins, variances and cost analysis
- Develop and maintain internal control and effective accounting system and policies for the set up.
- Establish and maintain system for cost sensitivity analysis and early warning of cost over-run.
- Help in the implementation of ERP systems
- Deal with external auditors and tax inspections.
o Stand-alone and consolidated year end audit:
- Responsible on performing all the end year procedures for the holding company standalone.
- Responsible on representing the holding company standalone in front of the audit.
- Coordinating between the Audit team and all the subsidiaries in order to accomplish the consolidated audited financial statements.
- Reviewing both stand alone and consolidated results.
Responsibilities:
- Responsible on the daily entries.
- Monitor expenses in the light of the business plan
- Perform accounting duties in terms of invoicing, accounts payable, collections and keeping fair and regular books
- Monthly Review Reports of performance, discussing the results with the Board members
- Act as the focal point to the external auditors
- Participate in the development of the company business plan
Accounts audited with Deloitte:
Preparing financial statements (Balance sheet - Income statement - Cash flow and also F.S. notes).
Preparing annual Income Tax statement.
Fixed assets account with property physical inspection.
Accounts Receivable, affiliates and other debit accounts.
Accounts payable account and other credit accounts.
Letter of Trust account.
Letter of Guarantee account.
Inventory account and its costing.
Expense accounts (G & A or M & S ).
Capital account.
Revenue Account.
Cash on hand and banks (Preparing bank reconciliation)
I am a CMA Holder # 40266 for Sep 2013